THREE CRITICAL ASIAN POWERHOUSES!
BevCanna (US: BVNNF) Serious Update
America’s various states are speaking loud and clear:
- Five U.S. states (Arizona, Mississippi, Montana, New Jersey, and South Dakota) recently voted in favor of some form of cannabis legalization. Consequently, the U.S. now has 15 states that have approved cannabis for adult use.
- On top of that, a total of 36 states, the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands have approved publicly available medical cannabis programs.
- Vice President-elect Kamala Harris has sponsored the MORE Act, a proposed measure that would pull cannabis from the list of controlled substances. Furthermore, Harris famously declared that she is no advocate of “half-steppin’” when it comes to cannabis law reform.
It’s not just the United States, either. Around the globe, cannabis products and cannabis-infused beverages are gaining market share, and some are even predicting that these would become so popular that they could bite into liquor sales in a major way.
You know that I’m bullish and going big on BevCanna Enterprises (US: BVNNF), and when it comes to beverages, we feel that their competitive advantage is meaningful:
- Keef Brands, the highest-grossing cannabis beverage company in the U.S., has formed a partnership with and taken an equity position in BevCanna!
BevCanna is acting as the exclusive licensee, manufacturing, and distribution partner for Keef Brands in Canada!
Keef Brands currently offers eight of the top ten cannabis beverages in Colorado, as well as two of the top ten sellers in California. Additionally, Keef Brands ranks first in the U.S. both in units and dollars sold among all cannabis beverage companies.
We’re all aware that in 2020, the digitization of shopping and consumerism accelerated and that having an e-commerce sales platform is virtually mandatory.
- BevCanna Enterprises (US: BVNNF) owns a direct-to-consumer company called Pure Therapy, which sells a wide range of natural health products, including nutraceutical and hemp-based CBD products throughout North America and western Europe. Pure Therapy’s extensive catalog of formulations is proprietary.
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Pure Therapy brings to the table over 23,000 listed customers acquired since the company’s inception. They also achieved 2019 gross revenues of CAD$4.8 million.
Pure Therapy has already achieved record sales since its acquisition by BevCanna. It reported a projected run rate of approximately CAD$7.68 million in revenues and positive EBITDA in 2021. Not only that but the company has acquired 3,270 new active customers since its acquisition by BevCanna!
What I especially love is the company’s rapid acceleration of business transactions:
- On March 15th, they announced a sales license partnership with Stigma Grow, which will distribute BevCanna products to Canadian retailers coast-to-coast!
- On March 23rd, they added former high-level executives from Colgate and Unilever.
These two individuals are experienced in the mass distribution of consumer products.
- On March 30th, they signed another white label agreement with State B Beverages Co.!
More and more companies are evaluating their facility and want to use them.
- On March 31st, they had another white label agreement, this time with Enthusiasmus Inc.!
Conduct your due diligence on BevCanna Enterprises now!
The Portfolio Wealth Global Team
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The Company’s publications often pertain to gold and mining stocks, which discuss a direct relationship between the price of gold or silver and the stock price of a gold or silver mining stock. We discuss with respect to various issuers that there is a relationship between the price of gold or silver to the stock price of a gold or silver mining stock, i.e. that the higher the price of gold or silver, the higher the price of the stock. You should use extreme caution in adopting any such conclusions, because such statements do not account for any of the following factors:
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On March third twenty twenty one, in connection with our agreement with Bevcanna Enterprises Inc., we received USD five hundred thousand dollars, from Bevcanna Enterprises Inc. On March 9th, 2021, we purchased 2.5 million warrants directly from the company.